District Court, N.D. Illinois February 5, 1982, 80 C 1249, 80 C 1250 and 80 C 2104 (La Salle National Bank v. Arthur Andersen & Co.)

ORDER

BUA, District Judge.

Before the court are defendants’ motions to dismiss. The plaintiffs, two national banking associations and one Illinois banking corporation, have charged each of the three defendant accounting firms, Arthur Andersen & Co., Coopers & Lybrand, and Alexander Grant & Co., with violating sections 10(b) and 18 of the Securities Exchange Act of 1934, 15 U.S.C.